The fall of gold was expected based on the previous chart in our analysis to the 1830 region, but I think that because of the statements of the Federal Bank President to increase the interest rate in the coming days, it led to fear among many gold owners, so this was a big drop.
In general, we are talking technically about the trend line that reached 1812, from which we expect it to rebound to the 1877 area.
In general, we are talking technically about the trend line that reached 1812, from which we expect it to rebound to the 1877 area.
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